Cherry Tree Close, Halstead, Essex
PU

Cherry Tree Close, Halstead, Essex

By Purely Property Group

£ 550,000

Reviews

2 out of 5 stars

Purely Property Group says ..

This 2-acre parcel of land, accessed via Cherry Tree Close in Halstead, Essex, presents an excellent opportunity for residential redevelopment.

Property Oracle says ..

This property listing presents a 2-acre plot of land situated in Cherry Tree Close, Halstead, Essex, CO9 2UA. The land is located within a residential area, bordering open fields and showing a tree-lined boundary. The immediate vicinity shows established residential housing. The location offers relative proximity to schools, including St Andrew’s Church of England Primary School (0.72 km) and The Ramsey Academy (0.74 km), as well as Halstead Leisure Centre. Several nearby streets provide a contextual view of property values, although specific details such as average square footage are missing. The list price is £550,000, which is seemingly a high price for a single plot of land, and there’s a significant risk involved in getting planning permission for the land. The land provides considerable potential for residential development but requires obtaining planning permission and undertaking significant building works. The absence of other structural information and specifications necessitates careful due diligence before making an investment decision. Potential buyers should undertake thorough investigation into planning regulations, potential build costs, and market feasibility before deciding.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
1
Location
7
Land
8
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
293,000.00 £
Decreased by 16.75 %
from 351,966.00 £
Average area rental value
882.00 £/mo
Decreased by 36.23 %
from 1,383.00 £/mo
Est rental Yield
3.61 %
Decreased by 23.52 %
from 4.72 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Purely Property Group marked this listing as sold.

  • Purely Property Group created the listing.

Nearby Schools

NameTypeOfstedDistance
St Andrew'S Church Of England Primary School, HalsteadAcademy Converter0.72 KM
The Ramsey Academy, HalsteadAcademy Sponsor LedGood0.74 KM
Richard De Clare Community AcademyAcademy ConverterSpecial Measures1.50 KM
Bra3 Acorn Family Hub Delivery SiteChildren's Centre2.55 KM
Holy Trinity Church Of England Voluntary Controlled Primary School, HalsteadVoluntary Controlled SchoolGood2.56 KM

Images

dji_fly_20240626_171242_926_1719330627409_photo Land on the east side of Cherry Tree Close, Halste Cherry Tree Close - Pin Locator dji_fly_20240625_165254_939_1719330919951_photo.JP dji_fly_20240626_171200_924_1719330639713_photo.JP dji_fly_20240626_171358_930_1719330607635_photo.JP dji_fly_20240626_171426_931_1719330607325_photo.JP

Nearby Streets

NameAverage PriceAverage SqftDistance
Steed Croft £ 410,00000.00 KM
Wright Close £ 000.00 KM
French Close £ 150,00000.00 KM
Osprey Road £ 000.00 KM
Heron Way £ 425,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cherry Tree Close, Halstead, Essex £ 550,000BUY5 / 100.00 KM
Beech Avenue, Halstead, Essex £ 325,000BUY7 / 100.13 KM
Apple Tree Close, Halstead, Essex, CO9 £ 315,000BUYUnknown0.16 KM
Birch Drive, Halstead £ 350,000BUY7 / 100.17 KM
Beech Avenue, Halstead, Essex £ 350,000BUY7 / 100.17 KM

Nearby Properties

AddressPriceDistance
27 Cherry Tree Close £ 185,0000.03 KM
38 Cherry Tree Close £ 175,0000.03 KM
43 Cherry Tree Close £ 147,9950.03 KM
20 Cherry Tree Close £ 275,0000.03 KM
14 Cherry Tree Close £ 347,5000.03 KM